Company Description
Sanwire Corporation (OTC: SNWR) is described as a diversified company with a focus on technologies for the entertainment industry and on aggregating technologies within a number of industries. According to its own public statements, Sanwire looks for opportunities in fragmented markets where technology can be applied to consolidate services into a single platform of delivery. Its current focus is on advanced entertainment technologies, particularly in the music business.
A central part of Sanwire’s business is its wholly owned subsidiary, Intercept Music Inc. Intercept Music is characterized in multiple company communications as an entertainment technology company and a multi-faceted, label- and artist-centric platform solution provider. Intercept Music operates as a Software as a Service (SaaS) platform that focuses exclusively on the independent music market. Company materials state that this market is one of the fastest-growing sectors of the music industry, and Intercept Music’s tools are designed to support independent labels and artists.
Sanwire describes Intercept Music as championing creative artists and musicians by combining premium music distribution, social media activity, marketing, merchandising, and customizable promotional services. Public descriptions of Intercept Music emphasize that the platform is intended to help independent labels and their artists build audiences and generate revenue. Intercept Music’s online platform is described as being dedicated to helping independent artists and bands distribute, promote, and earn income from their music across digital channels and streaming platforms.
In its own announcements, Sanwire has highlighted Intercept Music’s role as a multi-faceted label and artist-centric platform solution provider. Intercept Music has been presented as a label platform that can be used by independent labels to structure their service offerings around its technology. Company updates describe Intercept Music as offering marketing services, distribution, and professional services for artists and labels.
Sanwire has also disclosed partnerships and relationships that support Intercept Music’s operations. The company has reported that global distribution for artists using Intercept Music is achieved through a partnership with Ingrooves. In addition, Sanwire has announced that Intercept Music entered into a content licensing and video distribution partnership agreement with Vevo, described as a leading music video network. Under that partnership, Intercept Music customers, artists, and labels are able to create and distribute their music videos to Vevo’s network directly from the Intercept platform.
Sanwire has reported that Intercept Music has pursued growth through partnerships with labels and industry participants. Public updates mention partnerships with entities such as Sapphire Records and its related labels, as well as collaborations with estates and labels connected to well-known artists. These partnerships are presented as ways to expand the reach of Intercept Music’s platform and to add services and catalog opportunities for independent artists and labels.
In addition to distribution and marketing, Sanwire has stated that Intercept Music offers marketing services to both artists who distribute through its platform and, in some cases, to outside artists and labels. Company communications describe Intercept Music’s marketing services as including offerings such as playlist-related services and other promotional tools, and note that labels can use the platform as part of their own service structures.
Sanwire has also reported that Intercept Music joined with Digital DJ Pool, which is described as a large live streaming digital disc jockey network and record pool. According to Sanwire’s description of this relationship, Intercept Music’s service allows musicians to submit music for campaigns that place tracks in front of DJs, nightclubs, and radio stations, with feedback and data reporting provided to artists. This relationship is presented as a way to expand live streaming growth and exposure opportunities for independent artists using Intercept Music’s services.
In its public communications, Sanwire has referred to itself as an entertainment technology innovator and has emphasized the role of Intercept Music in providing an integrated platform for independent labels and artists. The company has stated that many labels use the Intercept Music platform to support their artist rosters and that the platform includes an "everything" dashboard and data transparency features, as described in shareholder updates.
Sanwire has also released information about corporate and legal matters. In a 2025 announcement, the company disclosed that it filed a complaint in Clark County, Nevada District Court against Intercept Music, related entities, and an investor, concerning an acquisition agreement and subsequent financings involving Sanwire securities. In that complaint, as summarized by the company, Sanwire seeks, among other things, the unwinding of the Intercept Music acquisition agreement, the return and cancellation of a substantial number of Sanwire common and preferred shares associated with Intercept Music stakeholders, and reimbursement of amounts related to a convertible promissory note and associated expenses. The company’s summary of the complaint also notes that Sanwire is seeking the return and cancellation of shares obtained by the investor through conversions of that note and reimbursement of related expenses.
Sanwire has stated that its board views this litigation as an effort to obtain reparations it believes would benefit Sanwire shareholders, including the potential return and cancellation of a large number of common shares. In the same context, Sanwire has indicated that it continues to evaluate prospective business acquisitions and partnership opportunities.
In another corporate update, Sanwire announced that it engaged a PCAOB-registered accounting and auditing firm to conduct a two-year audit of the company’s financial statements. The company has stated that, upon completion of the audit, it intends to file a Form 10 with the U.S. Securities and Exchange Commission in order to attain fully reporting issuer status. According to Sanwire’s statements, the company views becoming a fully reporting company as a step toward providing transparency to shareholders and attracting certain types of investors.
Across its communications, Sanwire positions itself as a company focused on advanced entertainment technologies, with its current operations centered on the independent music sector through Intercept Music. The company emphasizes technology-enabled distribution, marketing, and promotional services for independent artists and labels, as well as partnerships that expand the reach and capabilities of its platform.
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No SEC filings available for Sanwire.